Resolutions passed at the 2nd agm of Legend Internet Plc

Legend Internet Plc RC 1829214

15 Bangui Street

Off Adetokunbo Ademola Crescent Wuse II Abuja

FCT Nigeria

This is to inform the Nigerian Exchange Limited and the investing public that at the 2ndAnnual General Meeting of Legend Internet Plc, held at Fraser Suites, 1, No. 294 Leventis Close, Central Business District, Abuja, Federal Capital Territory on 7 November 2025, by 10:00 am, the following resolutions were proposed and duly passed:

1. The Audited Financial Statements for the year ended 31stJuly 2025, together with the report of the Directors, Auditors and the Audit Committee, thereon, was received.

2. That a dividend of N120,000,000, that is 6 kobo per share, subject to withholding tax at the appropriate rate, be and is hereby declared payable on the 7thNovember 2025, to all shareholders whose names appeared on the register of members as at the close of business on 29thof October 2025.

3. That the following Directors of the Company, be and are hereby re-elected as Non-Executive Directors:

   1. Mr. Bruce Ayonote

   2. Mr. Suleiman Arzika

   3. Mr. Mondritz Ehianeta Ebhohimhen

4. That the Directors be authorized to fix the remuneration of Auditors.

5. That the following be and are hereby elected as shareholders' representatives on the Statutory Audit Committee (the "Committee") of the Company:

   1. Mr. Kabiru Tambari

   2. Mr. Patrick Ajudua

   3. Mr. Abdullahi Umar

      The following directors were appointed to represent the Board on the Committee:

      1. Mr. Ayodele Arogbo (Non-Executive Director)

      2. Ms. Ifeyinwa Georgina Umunnakwe-Okeke (Independent Non-Executive Director).

6. The remuneration of the Managers of the Company was disclosed to members at the meeting.

   
   
   SPECIAL BUSINESS:

7. That the Directors' emoluments in respect of fees for the year ended 31stJuly 2025, be and are hereby ratified. Additionally, the Directors' emoluments for the year ending 31 July 2025 be and are hereby fixed at N2,000,000.

8. That a general mandate be and is hereby given authorizing the Company to enter into recurrent related party transactions necessary for the Company's day-to-day operations, including the procurement of goods and services, on normal commercial terms in compliance with the NGX Rules Governing Transactions with Related Parties or Interested Persons.

9 (i) That the proposed acquisition of a licensed Telecommunications and Internet Service Provider operating in Nigeria be and is hereby approved.

9 (ii) That the proposed acquisition of a licensed Microfinance bank be and is hereby approved. 9 (iii) That the Company be and is hereby authorized to raise additional capital of up to

N150,000,000,000 (One Hundred and Fifty Billion Naira).

9 (iv) That the increase in the share capital of the Company by up to 10,000,000,000 (Ten Billion Ordinary) shares of 50 Kobo each ranking pari-passu with the existing ordinary shares of the Company be and is hereby approved.

9 (v) That the amendment of the Articles of Association of the Company to provide that the quorum for the Board of Directors' meetings shall be a simple majority be and is hereby approved.

9 (vi) That the Directors are herby authorized to appoint such professional parties and advisers and perform all other acts as may be necessary to give effect to the above resolutions, including obtaining relevant regulatory approvals and without limitation complying with the directives of any relevant regulatory authority.